Federal Register #OMB Control No. 3235-0476

SEC Notice: Extension of Information Collection Under Rule 10b-17

This notice from the Securities and Exchange Commission (SEC) concerns the extension of an existing information collection under Rule 10b-17. - Government Buyer: - Securities and Exchange Commission (SEC) - Purpose: - Seeks public comment on the continued collection of information from issuers of publicly traded securities regarding notices of distributions (e.g., dividends, stock splits, rights offerings) - Key Details: - No procurement of products or services is involved - No OEMs, vendors, or commercial products are referenced - Estimated annual respondents: 9,648 - Estimated annual responses: 41,591 - Total annual burden: 6,932 hours - Estimated internal labor cost: $804,112 - Notable Requirements: - Focuses on regulatory compliance and reporting, not acquisition of goods or services - Solicits feedback on necessity, accuracy, and burden of the information collection process

Description

This notice pertains to the extension of the information collection under Rule 10b-17 by the Securities and Exchange Commission (SEC). The SEC proposes to extend the collection and requests comments on the necessity, accuracy, and ways to enhance the quality and minimize the burden of the information collection. The collection involves issuers of publicly traded securities providing notice of specific distributions such as dividends, stock splits, or rights offerings. The SEC estimates approximately 9,648 respondents making about 41,591 responses annually, with a total burden of 6,932 hours and an internal labor cost of approximately $804,112.

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